The most commonly used payment method in international trade, especially in export/import, is the Letter of Credit Services. They are used to confirm the seller or beneficiary on the receipt of the goods or when the seller meets the requirement mention in the Letter of Credit set. There are some terms & conditions mentioned in the Letter of Credit copy which they issue to their seller as soon as the order gets placed through the bank. By issuing this copy, the seller can ensure to prepare the documents as per the instructions given in the Letter of Credit.
Cash Collection and management Services and Solutions
Metropolitan financial provides a secure cash collection service. To make sure a very safe and secure collection and management of your company finances, we provide a complete Cash Collection Services to all our clients. These services help in collecting all the cash transaction details which are easy to maintain and to use. Clients can get these services as per their requirements.
A Full Collection of Trade Financing Services
Metropolitan Financial Holdings deliver all-inclusive solutions to companies engaged in national and international trade transactions. We offer a set of trade finance solutions including Documentary Collections, Letters Of Credit services and Bank Guarantee services.
What is Bank Guarantee and Types of Guarantees
A bank guarantee is the most common way of managing different types of risks in business activities. Bank guarantee decrease the risks arising from contract and avoid risks related to prepayments. A bank guarantee, guarantees a sum of money to a recipient. The sum is only paid if the opposing party doesn’t fulfill the predetermined obligations under the contract. This can be used to effectively escape a buyer or seller from loss or damage.
Get Bank Guarantee with Letters of Credit Services
We understand very well the importance of a reliable partnership with your business partners at home and abroad. Therefore, we offer different types of bank guarantees which extensively improve your relations with your suppliers and customers and make sure payments, delivery and quality.
Cash Management Services- Managing Your Cash Flow Is Vital
Having sufficient cash on hand is an essential part of any kind of business.
A critical element of cash management is properly monitoring and finding ways to maximize the amount of money you bring in to your business in the shortest time. Good cash management is the key to a successful business. Metro Financial Holdings provides the resources to help your organization thrive.